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Wovex ROI Calculator

Calculate an estimated value of using Wovex with a simple calculator

Updated over a month ago

When exploring benefits realisation management software solutions, it's essential to weigh up more than just features—you also need to understand the value each option could deliver. Factors like ease of use, real-time benefits tracking, strategic alignment, scalability, cost effectiveness, and time to value all play a role.

That’s why Wovex offers an ROI Calculator: to help you estimate the potential return on any investment in a clear, evidence-based way. Whether you're comparing tools or building an internal case for change, the calculator supports informed decision-making by highlighting where savings, efficiencies, and added value may be found.

🛠 How to Use the ROI Calculator

1. Open the Calculator

Download and open the Excel file at the bottom of this article. You'll land on the Input Sheet, where you'll enter the key information for your organisation.


2. Enter Your Inputs

In the “User Input” column, fill in:

  • Manual hours per project (before and after Wovex)

  • Number of projects per year

  • Hourly cost per project manager

  • Estimated annual project costs

  • Estimated annual financial benefits

  • Wovex licence and implementation costs

  • Whether to include 0.5% of project costs and/or financial benefits to reflect improved value delivery

💡 Only include the 0.5% uplift if you can clearly state your assumptions (e.g. quality of decision-making, maturity of benefits tracking).


3. Review the Calculated Results

The calculator will automatically compute:

  • Time saved per project

  • Annual cost savings

  • Increased project value (optional uplifts)

  • Total benefits achieved

  • Cost of Wovex

  • Final ROI (%)


4. View the Summary and Dashboard

Switch to the Summary or Dashboard tabs to view:

  • A snapshot of key figures

  • A chart comparing costs vs benefits

  • A clean, presentation-ready view for stakeholders


5. Share or Export

You can print or export the summary/dashboard tabs to PDF, or copy them into your business case presentations.


⚠️ Disclaimer

Wovex provides this tool for illustrative purposes only. All figures and assumptions are your own and must be validated internally. Wovex accepts no liability for business decisions based on its use.

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